Saturday, December 12, 2009

• Reed Construction Data has thrown more charges at arch rival McGraw-Hill. Earlier this year Reed closed most of its regional construction magazines.

• Google made three rather significant announcements during the past week or so that may have an effect on publishers in the New Media space.

• The sad news of the week was that Editor & Publisher was closing, of course. But the other part of the announcement was that eight of the ten brands that made up the Nielsen group have found a home with e5 Global Media LLC, a new company formed by private equity firm Pluribus Capital Management and financial services company Guggenheim Partners. The Hollywood Reporter's take on their new home was upbeat.

• The New York Times fourth quarter forecast is not exactly good news: Times print advertising is expected to decline 25%, though Internet advertising is expected to grow. I guess the good news is that this is an improvement on the over 31% decline the Times suffered in the third quarter. The TMS Media report on third quarter media performance is here.

• In a week of downers, I guess the way to end this round-up is to point out the WSJ story on new forecasts for advertising growth in 2010. ZenithOptimedia is now expecting a blowout year (snark alert) with growth of .9% versus their previous forecast of growth of .5%. Let's start to chill the Champagne.

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New website location for TNM

If you are reading this it is no doubt because you are reading an archive story from Talking New Media. You should be made aware that the site has moved to a new, permanent address: TalkingNewMedia.com